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River Lane, Leatherhead

London

£469,950
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
946 sqft

Description

This semi-detached, three-bedroom house offers a distinctive opportunity for renovation on a sizable plot of approximately 133 feet. While the property requires modernisation, it possesses the essential features and space that can be transformed into a comfortable family home or an attractive rental investment. The home is approached via a single track, providing serene countryside views, yet remains conveniently located just one mile from Leatherhead's town centre and mainline station. This prime location allows for easy access to various local amenities, including shopping options such as Waitrose and the Swan Centre Shopping Complex, alongside essential services like a post office and public library. Numerous pubs and restaurants nearby add to the vibrancy of the area. The train service from Leatherhead station facilitates quick commutes into Central London, making it an ideal area for commuters. Internally, the layout features a practical entrance hall leading to a living room measuring 13'7" x 12'6", which has potential for reconfiguration or expansion. The kitchen/breakfast room is 11'8" x 8'4", offering an inviting space for dining and cooking. A conservatory (10'5" x 7'5") enhances natural light and connects indoor/outdoor living, presenting opportunities for future enhancements. On the first floor, there are three bedrooms: the main bedroom is 13'7" x 10'3", while the second and third bedrooms measure at 10'9" x 8'8" and 8'6" x 7'8", respectively. This variety accommodates different needs whether for family usage or as separate rental spaces. Additionally, there is a detached garage (17'9" x 9'8") which could be utilized for storage or potentially converted into functional space with proper planning approvals. The front garden complements ample parking availability, while both front and rear gardens provide outdoor space that could be further developed. With its advantageous location and substantial renovation potential, this property represents a promising opportunity for those looking to invest in the growing Leatherhead market.

Investment Analysis

(KT22 area)

Below Market Value

This property is priced -4.2% below area average per sq ft

-4.2%
Potential saving
This Property
£497/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£444
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£539,447
10% above area average per sq ft
Potential ROI
-1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (KT22)

Area prices are falling by +10.3% over the last 12 months
3 year growth: -5.2%
5 year growth: 0.4%
Investment Disclaimer: Analysis based on KT22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

River Lane, Leatherhead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,722
Based on a loan of £352,462 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE